Cinephiles, take note: this weekend will go down in YouTube history as the first time a major film festival has curated and screened a short film program exclusively featuring your videos on YouTube. The Sundance Institute selected some of the most popular videos on YouTube to showcase at the first-ever NEXT WEEKEND summer film festival (August 8-11), and you can watch them all now.

NEXT WEEKEND extends YouTube and Sundance Institute's shared love of celebrating talented creators, following our "Life in a Day" premiere at the 2011 Sundance Film Festival and an exclusive glimpse of short films debuting at the Festival earlier this year.

Congratulations to all the YouTube creators featured at NEXT WEEKEND, and with more than 100 hours of content uploaded to YouTube every minute, there’s always new cinematic content to enjoy.

Social media has dramatically changed the way we get to interact with our favorite musicians, actors, artists and athletes, so it makes sense that any awards ceremony celebrating social media also needs to flip the standard red carpet affair on its head. Tonight’s first-ever Social Star Awards in Singapore is attempting such a feat—running an awards program for a full 24 hours via social media. Forget a few dozen statues going out to some lucky winners. How about a whopping 288 awards, one awarded every five minutes, recognizing everything from top actors and athletes to favorite songs and sports teams. And all that ends with a splash: a live two-hour show full of musical performances and celebrity drop-ins.

For those who can’t be there live to watch at Singapore’s iconic Marina Bay Sands Hotel, YouTube is partnering with Starcount to exclusively live stream the whole show on www.youtube.com/starcount. The broadcast will kick off on May 23 at 9 p.m. Singapore Time (6 a.m. PST) with a red carpet awards ceremony where Aerosmith, Cee Lo Green, Carly Rae Jepsen and PSY come on stage to play their hit tunes. From there, you can expect appearances and award presentations from some of YouTube’s most famous faces, including Ryan Higa, HIKAKIN, PewDiePie, and Natalie Tran.

With so many awards being handed out, you may be asking, what does it take for me to win a Social Star Award? Check out this video to see some of YouTube’s top talent like Epic Meal Time and DeStorm give a one-of-kind training on how to become a social star.

Whether you’re tuning in for the whole show or just dropping by to check out your personal favorites on stage, we look forward to seeing you soon over at www.youtube.com/starcount.

We’ve been building a YouTube partner program since 2007 that enables content creators to earn revenue for their creativity. We’ve watched them build amazing channels that have made YouTube into a news, education and entertainment destination 1 billion people around the world cannot do without.

Today, there are more than 1 million channels generating revenue on YouTube, and one of the most frequent requests we hear from these creators behind them is for more flexibility in monetizing and distributing content. We’ve been working on that and wanted to fill you in on what to expect.

Starting today, we’re launching a pilot program for a small group of partners that will offer paid channels on YouTube with subscription fees starting at $0.99 per month. Every channel has a 14-day free trial, and many offer discounted yearly rates. For example, Sesame Street will be offering full episodes on their paid channel when it launches. And UFC fans can see classic fights, like a full version of their first event from UFC’s new channel. You might run into more of these channels across YouTube, or look here for a list of pilot channels. Once you subscribe from a computer, you’ll be able to watch paid channels on your computer, phone, tablet and TV, and soon you’ll be able to subscribe to them from more devices.

This is just the beginning. We’ll be rolling paid channels out more broadly in the coming weeks as a self-service feature for qualifying partners. And as new channels appear, we'll be making sure you can discover them, just as we've been helping you find and subscribe to all the channels you love across YouTube. Just as the partner program empowered creators to take their channels to the next level, we look forward to seeing how this great community of creators moves ahead with a new way to reach the fan communities that made their channels a hit. You’ll be hearing more from us, and them, as we get creator and user feedback and build out this exciting offering.

If you’re a YouTube creator interested in building your own paid channel, let us know here.

We recently announced that YouTube hit an incredible milestone of 1 billion unique monthly visitors, connecting 15 percent of the planet to the videos they love. And those global fan communities are watching more than 6 billion hours of video each month on YouTube; almost an hour a month for every person on Earth and 50 percent more this year than last.

In addition, media companies like Time Warner, The Chernin Group, Bertelsman, Discovery Communications and Comcast have all made significant investments in companies that create, aggregate or service content for YouTube in the last 12 months. And tonight at our Brandcast event for advertisers in New York, another major media company continued that momentum. DreamWorks Animation CEO Jeffrey Katzenberg announced that his company acquired AwesomenessTV, one of the most subscribed-to, teen-focused networks on YouTube. This acquisition gives DreamWorks an opportunity to align itself with Brian Robbins’ powerful, next-generation, online video powerhouse. By partnering with more than 55,000 YouTube channels that collectively represent more than 14 million subscribers and almost 800 million video views, Brian successfully created a YouTube network comprised of one of the most valuable consumer groups--Generation C. This audience is defined by its desire to be constantly connected, and at the center of creating and curating content for social communities.

DreamWorks Animation’s major announcement underscores a shift in consumer behavior, and now, Nielsen has further amplified this point by concluding that YouTube reaches more U.S. adults ages 18-34 than any cable network. And history--from the transition to radio, then TV, from network to cable--tells us that advertisers always follow the audience. In line with that trend, we also unveiled this evening that the ANA Alliance for Family Entertainment (AFE)--a group of nearly 40 national advertisers, whose combined ad spend represents 37 percent of all U.S. television advertising dollars--will buy media across 32 channels of family-friendly content on YouTube.

Much like our content creators, we find that brands on YouTube--like T-Mobile, Samsung, Dove and Pepsi--all share a common objective: to cultivate a direct relationship with their consumers--one built on engagement and authenticity. These companies know that on YouTube, it isn’t just about rallying behind one show; it is about reaching the passionate fan communities of Gen C, an audience that influences more than $500 billion in annual consumer spending. As a result, we’re seeing a myriad of brands increasing their media spend, building channels, and discovering first-hand that the interactions they have with their fans on YouTube drive engagement.

Content creators have long recognized the power of YouTube’s platform to connect with an audience. Advertisers are increasingly doing the same. Together we’ll continue to build YouTube as a global destination for the next generation of entertainment.

Video plays a powerful role in bringing us closer together, especially when it connects people in real time. By transcending borders, empowering citizens, and increasing transparency, it’s one of the many ways technology allows democracy to thrive. Starting this week, all members of the U.S. Congress will have the opportunity to access enhanced features on their YouTube channels, including the ability to live stream video.

If you’re a member of Congress and would like to know more, check out these Dear Colleague letters issued by the House and Senate. Whether it’s to share a look into your daily work, broadcast speeches and meetings, or showcase events in your state or district, we can’t wait to see how you connect with your constituents.

Today is an important day for the Internet. For the second time, a federal court correctly rejected Viacom’s lawsuit against YouTube. This is a win not just for YouTube, but for the billions of people worldwide who depend on the web to freely exchange ideas and information.

In enacting the Digital Millennium Copyright Act, Congress effectively balanced the public interest in free expression with the rights of copyright holders. The court today reaffirmed an established judicial consensus that the DMCA protects web platforms like YouTube that work with rightsholders and take appropriate steps to remove user-generated content that rightsholders notify them is infringing.

The growing YouTube community includes not only a billion individual users, but tens of thousands of partners who earn revenue from the platform -- from independent musicians and creators to some of the world’s biggest record labels, movie studios, and news organizations. Today’s decision recognizes YouTube as a thriving and vibrant forum for all these users, creators and consumers alike. Today is an important day for the Internet.

One of the most exciting things about YouTube is all the partners building businesses around doing what they love. We now have thousands of partners who are making video creation a full-time endeavor. And, we’re listening to feedback and working to improve the process of earning money on YouTube.

So, in an effort to ensure we deliver our partners the most accurate and consistent financial performance data for their videos, we are making some changes in how YouTube interacts with AdSense. Starting April 1, 2013, AdSense will no longer calculate and report AdSense for Content Host earnings for YouTube partners. Instead, AdSense earnings from YouTube videos will only be calculated by YouTube and displayed in YouTube Analytics.

What does this mean for you as a YouTube partner?First, expect no change in how you are paid. The payments tab in AdSense will show your monthly YouTube payments as one total amount as you will continue to be paid via AdSense. Rather, this change means that if you want to view your YouTube financial performance, you should go to YouTube Analytics where you can continue to find a comprehensive view of all your sources of earnings for your YouTube videos. YouTube Analytics has improved the timeliness of earnings reporting to within 24 hours after the end of the day, Pacific Time. You can still view page views and clicks and also manage ad blocking in the AdSense interface for your YouTube videos. If you use other AdSense products, their calculation and reports will be unchanged in the AdSense reporting interface.

Have you ever wondered what the difference between AdSense earnings and YouTube earnings was? As a bit of background, many YouTube partners have ad earnings from two sources: auction-sold ads (AdSense earnings) and reserve-sold ads (YouTube earnings). YouTube serves the optimal ads when a viewer watches the video. Previously, AdSense calculated and reported the auction-sold AdSense earnings. YouTube calculated reserve-sold and miscellaneous earnings and reported both AdSense and YouTube earnings. Now, having only the YouTube system calculate all your earnings will simplify and streamline your video reporting.

We take accurate financial calculation and reporting very seriously, and believe this change will reduce reporting confusion and prepare all our partners for new ways to grow their earnings.

Every April, tens of thousands of the world’s most avid music fans flock to Southern California to kick off music festival season at Coachella. This year, you don’t even need a ticket to be a part of the show.

For the third year in a row, you can catch the entire first weekend live from Indio on Coachella's official YouTube channel. Starting this Friday at 3:30 p.m. PT, YouTube's three-channel feed, which is presented by T-Mobile, will live stream performances from five stages (including, for the first time, the Sahara Tent). You'll be able to catch artists' interviews with and live shows from more than 60 bands, including the xx, Passion Pit, Vampire Weekend and the Red Hot Chili Peppers.

So whether you can't stand the desert heat or are just suffering from massive FOMO, be sure to check out the entire Coachella schedule here on YouTube.

When we started out in 2005, we focused on rapidly increasing user engagement. We wanted an inventive way to draw people in and catalyze their creativity. The result? A contest for the best video on our site.

Nearly eight years later, with 72 hours of video being uploaded every minute, we finally have enough content to close the competition. We’ve started the process to select a winner and as of tomorrow at midnight, we will be closing the site to submissions.

Watch the video below to hear from our leadership, the minds behind some of our most famous entries, and the panel of judges who will select our nominees, and ultimately, the winner for "Best Video."

And be sure to tune in for Day 1 of our live ceremony from 9 a.m. PT, April 1, when we will begin announcing the “Best Video” nominees. This announcement will resume for 12 hours every day for the next two years.

Thank you for sharing your creativity, irreverence, ideas and knowledge with us and with viewers around the world.

In the last eight years you’ve come to YouTube to watch, share and fall in love with videos from all over the world. Tens of thousands of partners have created channels that have found and built businesses for passionate, engaged audiences. Advertisers have taken notice: all of the Ad Age Top 100 brands are now running campaigns on YouTube. And today, we’re announcing a new milestone: YouTube now has more than a billion unique users every single month.

From the aspiring filmmaker in his basement and the next great pop musician, to the fans all around the world who tune in, subscribe and share their favorite videos with the planet, thank you for making YouTube what it is today. You have truly created something special.

The YouTube Team

P.S.: To learn more about what’s powering this growth, check out our blog post about Gen C and mobile devices.